Crystal Intelligence acquires an alert to enable the victims of encryption fraud and promote the discovery of global fraud – Cryptomode
Dubai, United Arab Emirates – (Zionis Slip) –#Blockchain–Crystal intelligenceAnd a global pioneer in Blockchain analyzes and risk monitoring, announces today at Token2049 Dubai you get Fraud alertA platform accessible to the public to report the encryption and discovery fraud that was initially created by Whale Alert. The acquisition enhances Crystal’s commitment to enabling the victims of fraud worldwide, facilitating faster and more effective responses to coding, and enhancing cooperation with law enforcement agencies.
Curricula fraud has reached unprecedented levels, and victims often leave isolated, unacceptable and unaware that they may be part of a wider and coordinated scheme.
Crystal’s Sugation of Scam Alert is designed to change this by enabling victims to report fraud and assembly of these individual reports through advanced assembly analyzes of Crystal. This technology determines wider fraud patterns, linking isolated cases to larger operations and providing critical intelligence to law enforcement agencies worldwide.
“We have launched a alert to defraud to combat the crime of encryption, and by joining efforts with crystal intelligence, we can now have a meaningful effect where others have fallen,” said Frank van Wart, founder and CEO of Whale Alert.
“The individual victims rarely sees justice, allowing those who are scammers to harm their thousands over and over again. This must stop. The fraud alert is our important steps towards protecting individuals, installing real fraud reports, and direct cooperation with law enforcement and virtual asset service providers (VASPS) to prevent Future harm and support for possible money. “
The frequency and volume of cryptocurrencies increased dramatically in recent years, with losses exceeding $ 9.3 billion in 2024 alone, by 66 % from 2023, according to the Federal Investigation Office Online crime complaints center 2024.
Where Alert will continue as a consultant partner, which leads to the amplification of Scam Alert’s arrival via large social media. Crystal plans to launch a phase, starting with collecting comprehensive multi -language data, infrastructure to support victims, and strategic cooperation with the enforcement of global law and regulatory bodies. The fraud alert will also adopt the Essential intelligence approach to Crystal by working closely with local ambassadors, institutions, and Blockchain societies around the world. This is also an invitation to work for others who believe in this issue to join us.
“The fraud alert can be a lifestyle for those who are affected by coding fraud. Victims deserve a recognized path to work and real support. Fraud alert will turn scattered experiences into an unlimited platform, which greatly contributes to preventing fraud and support for the victim. We look forward to working with peak into a non -platform to present a non -platform Limited.
This initiative has received support from the main stakeholders in the industry, including the Polygon, Tether and Ethereum Foundation – from the men participating in our vision of a safer encryption system.
Long -term Crystal’s vision includes a significant improvement in the integrity of the encryption community. “The fraud operations are still the biggest obstacle to the adoption of the new user in encryption. Fraud alert symbolizes our continuous commitment to the safest ecosystems than Blockchain. By exchanging cooperative data, educational initiatives, and early detection of fraud trends, we aim to equip VASPS and law enforcement with strong crime control tools.”
The initiative to alert the fraud was intentionally organized as an independent and non -commercial project within the crystal, and to call for cooperation with its peers in industry, institutions and organizational authorities.
To learn more about Scam-ALERT.IO and Crystal efforts to monitor Blockchain, visit https://scam-alert.io.
About crystal intelligence
Crystal is a leading Blockchain intelligence company that enables financial institutions, law enforcement, organizers with a real -time Blockchain analysis, investigation, and compliance solutions. Our technology is efficiently helping financial institutions to comply with global regulations to combat money laundering. Investigators and government agencies rely on advanced technology in Crystal and the actual time to solve encryption investigations. Available as a free Blockchain, Saas or API free explorer.
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Trefor Davis, Gregory FCA for Crystal
+1 215-475-5931
trevor@gregoryfca.com
